The Holiday Season is around the corner, and everyone is in a rush to find out the best presents for their friends and family. While this can be a very stressful process, it doesn’t have to be that way. If you are a crypto owner, there are some places you can easily buy great gifts.
While a decade ago it was hard to think of the possibility of buying anything with digital currencies (as almost no one had heard about them back then), today things have changed. The cryptocurrency industry has developed, and so has the worldwide adoption of digital currencies.
Still, cryptocurrencies are not as accepted as fiat money, and companies that do accept payments do so in the form of Bitcoin, and not in any cryptocurrency. However, this is the most popular crypto in the world, and there are over 15,000 retailers accepting crypto payments.
How to buy presents using cryptocurrencies?
The first advice we can give you is, be aware of scams. Before you start buying gifts online with crypto, make sure that the website and the vendor are legitimate. There are many suspicious sites and apps, created to steal your assets. Just look out for red flags, and don’t try to ignore them. Most common red flags include spelling errors, suspiciously cheap products, strange URLs, etc. It may also be a red flag, if the vendor requires your private key. Just because you are paying with crypto, doesn’t mean that the vendor needs that. Also, never provide your seed phrase, as this is a clear sign of a scam.
What gifts can you buy with cryptocurrencies?
As we already said, your choice is limited if you want to buy gifts using crypto. Still, you can buy game keys for various platforms, such as PlayStation, Xbox, Nintendo Switch, etc. If you have anyone in your family who is a gamer, you can make them a great Christmas gift.
Crypto gift cards are another way to make someone in your family happy. There are many websites accepting crypto payments for gift cards, and you can buy one for Netflix, Macy’s, eBay, Amazon, Airbnb, Starbucks, Spotify, and many other popular brands. You can even get a gift card for food delivery services, home retailers, and even some airlines.
Another great gift you can buy with cryptocurrencies, is a cryptocurrency. Of course, the easiest thing you can do is to transfer some crypto to their wallet, but if you want to make a really special gift, some platforms allow you to send a virtual crypto gift card.
Coinbase is an example of such a platform. You can send a gift card in the form of Bitcoin, Ethereum, or other digital assets. You can even personalize the gift cats, adding a note, or using some art in the form of NFT.
Binance is another popular platform, offering similar service. There is a great range of assets and designs to choose from.
A great present for a special person can also be a hardware wallet with some crypto in it.
Conclusion
Many people believe cryptocurrencies are the future, and there is a reason for that. If you are among these believers, and want to make a holiday present that can bring not only joy, but some real future value, you may think of sending your loved once an innovative gift in the form of a crypto. This way, you are not only sending them a present, but giving them an opportunity for a profitable future investment.
Of course, never forget that cryptocurrencies are highly volatile, and can bring great profits, as well as big losses. Just be careful, and invest only as much as you can afford losing.